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Saudi-led strikes kill 30 in northern Yemen, Houthis say| Reuters

Jul 06, 2015 at 02:15 | Source: FirstPost

SANAA Air strikes by Saudi-led forces killed 30 civilians in an attack on a market in northern Yemen on Sunday, the Houthi-run news agency Saba said, as U.N. mediators pushed for a humanitarian pause in fighting that has killed nearly 3,000 since Mar...

Rubbing along with robots tackles Abe's double dilemma| Reuters

Jul 05, 2015 at 23:45 | Source: FirstPost

TOKYO Factory worker Satomi Iwata has new co-workers, a troupe of humanoid automata that are helping to address two of Japan's most pressing concerns - a shortage of labour and a need for growth.The 19 robots, which cost her employer Glory Ltd about ...

China rolls out emergency measures to prevent stock market crash| Reuters

Jul 05, 2015 at 23:15 | Source: FirstPost

BEIJING/SHANGHAI China's stock markets face a make-or-break week after officials rolled out an unprecedented series of steps at the weekend to prevent a full-blown stock market crash that would threaten the world's second-largest economy.The governme...

UK employment visa row: Is India Inc protesting too much?

Jul 05, 2015 at 16:31 | Source: FirstPost

LONDON: When high-rolling businesses with markets to conquer on the cheap and cynical politicians with constituencies to please come together, conflict is always around the corner waiting to erupt at the slightest sign of what the other side might se...

Chhattisgarh PDS scam: Congress goes after BJP again; trains guns on Raman Singh

Jul 05, 2015 at 11:06 | Source: FirstPost

Raipur: After Rajasthan and Madhya Pradesh, its Chhattisgarh. The Congress appears in no mood to allow the BJP to breathe easy after successfully embarrassing Vasundhara Raje and Shivraj Chauhan through a sustained aggressive campaign. The party has ...

China curbs IPOs, enlists brokers in all-out bid to end market rout| Reuters

Jul 04, 2015 at 22:15 | Source: FirstPost

BEIJING/SHANGHAI China froze share offers and set up a market-stabilization fund on Saturday, the Wall Street Journal said, as Beijing intensified efforts to pull stock markets out of a nose-drive that is threatening the world's second-largest econom...

German finance minister says Greeks to decide whether to keep euro| Reuters

Jul 04, 2015 at 15:45 | Source: FirstPost

BERLIN German Finance Minister Wolfgang Schaeuble said in a newspaper interview Greeks would decide on Sunday whether to keep the euro or do without it, at least for a while, but that the country remained part of the common currency."Greece is a...

Black money law: Compliance window not open for those being probed now

Jul 04, 2015 at 14:19 | Source: FirstPost

New Delhi - The government on Friday said Indians against whom information has been received from foreign nations on overseas accounts or assets will not be eligible to use compliance window to make voluntary disclosures under the stringent new black...

75th birthday of Kazakhstan strongman raises questions on country's future| Reuters

Jul 04, 2015 at 13:45 | Source: FirstPost

ASTANA/ALMATY Kazakhstan's veteran leader Nursultan Nazarbayev celebrates his 75th birthday on Monday, in good shape and vastly popular, but the expected fireworks and fanfare mask uncomfortable questions about the future of the second-largest post-S...

Hong Kong stock exchange to introduce volatility controls from mid-2016| Reuters

Jul 04, 2015 at 13:15 | Source: FirstPost

HONG KONG The operator of Hong Kong's stock exchange said it will introduce new controls to rein-in volatility, in a long-awaited announcement that comes as Chinese shares see wild price swings, fueling fears of a mainland market collapse.Hong Kong E...

New Credit Suisse CEO promises ruthlessly selective review - FT| Reuters

Jul 04, 2015 at 09:45 | Source: FirstPost

Newly appointed Credit Suisse AG Chief Executive Tidjane Thiam, in an interview with the Financial Times, promised a "ruthlessly selective" review of the Swiss bank's businesses, amid expectations that the incoming CEO would cut staff by ab...

ISL 2015: Mumbai City's decision to appoint Anelka as manager could backfire

Jul 04, 2015 at 09:30 | Source: FirstPost

Nicolas Anelka was named as Mumbai City FC player-manager today, a decision, which if you've followed the Frenchman's career, could backfire badly for a club that finished second from last in the Indian Super League's first season.Anelka is talented,...

China's services activity slows to 5-month low, jobs shed-HSBC/Markit PMI| Reuters

Jul 04, 2015 at 03:30 | Source: FirstPost

BEIJING Activity in China's services sector slowed to its lowest in five months in June, a private survey showed on Friday, suggesting the economy still needs further policy support despite some signs of steadying.Beijing has rolled out a suite of me...

China stocks plunge again as regulators hunt for bull market killer| Reuters

Jul 04, 2015 at 02:45 | Source: FirstPost

SHANGHAI China stocks slumped again on Friday, taking their three-week tumble to nearly 30 percent and wiping out most of this year's gains.Friday's tumbles came after news that regulators said they have launched investigations into suspected market ...

Gold prices in India at deep discounts on sluggish demand| Reuters

Jul 04, 2015 at 02:30 | Source: FirstPost

MUMBAI/SINGAPORE Gold prices in major consumer India were quoted at deep discounts to the global benchmark this week on tepid demand and adequate levels of inventory, dealers said.Prices were quoted at a discount of $8 to $15 an ounce over London pri...

Stock markets extend recent gains to hit 2-1/2-month highs| Reuters

Jul 04, 2015 at 02:15 | Source: FirstPost

MUMBAI India's stock markets hit their highest in 2-1/2 months on Friday and posted their third consecutive weekly gain given a Greece default is seen as factored in, while better-than-expected progress of the monsoon also helped sentiment.Among gain...

China hunts for manipulators as stocks tumble| Reuters

Jul 04, 2015 at 01:45 | Source: FirstPost

SHANGHAI Chinese stocks tumbled again on Friday, taking the week's losses to more than 10 percent, as the securities regulator said it was investigating suspected market manipulation and announced a slew of measures aimed at heading off a full-blown ...

European bonds and stocks on the defensive before tight Greek vote| Reuters

Jul 04, 2015 at 01:30 | Source: FirstPost

LONDON European bonds and stocks traded cautiously on Friday before a Greek referendum on EU-prescribed reforms that could determine the country's future in the euro zone and which polls suggest could go either way.Yields on top-rated German 10-year ...

After Tunisia attack, sun-seekers switch to Spain, Bulgaria and Greece| Reuters

Jul 04, 2015 at 00:31 | Source: FirstPost

BERLIN Fearing for their safety in Tunisia after a gunman killed dozens of tourists, sun-seeking Europeans are switching to destinations such as Spain, Bulgaria or even Greece for holidays this year.Tunisia's tourism industry had been recovering afte...

Govt seeks legal advisers to sell Oil India, Engineers India stakes| Reuters

Jul 03, 2015 at 23:45 | Source: FirstPost

NEW DELHI India took a step toward selling minority stakes in eight state-run companies including Oil India Ltd (OILI.NS) and power generator NTPC (NTPC.NS) on Friday, part of a drive to sell off $11 billion of government assets this fiscal year.The ...

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